DRIP For CubLife And Profit Taking Day

The best thing to wake up is to see you've got money, or crypto. Watching your portfolio grow in value and getting dividends is great. That is what I woke up to this morning and even though it's a great thing, it's far from enough. You have to have a plan for the future as money don't grow on the tree.

DRIP For CubLife

If you're new or have been living under the rock, let me tell you about a new investment opportunity on the Hive blockchain.

CUBLIFE is a collective that anyone can be part of. The idea is to provide an actively managed CUB.finance portfolio that pays out handsome weekly dividends in the form of LEO to all CL token holders. The goal is to encourage people to take their dividends and reinvest/compound them down to grow a future nest egg through monthly group buys. CUBLIFE is a growth/dividend token at heart with a 100% focus on CUB.finance and its dens, farming and future kingdoms. source

The mastermind behind the project is none other than our LBI banker, @silverstackeruk. This is not the first project he launches, there's SPI and LBI as well with good results.

There has been an airdrop, for LBI token holders, that brought me 35 CL. I'm very grateful for everything I get, so I'm proud of the 35 CL as well. I knew there will be dividends distributed, but had no idea when as I've been busy with other projects lately.

This morning when I woke up I saw the post about dividends issued. What can be better in a Saturday morning? Soooo, to get down to business, 35 CL brought me 0.605 LEO in one week or so.

Now 0.605 LEO may seem nothing, even per year as 0.605 LEO x 52 weeks is only 31.46 LEO but we're talking about crypto, which is known for its volatility. So 1 LEO today means 0.530 USD and it could mean 5.30 USD as the end of the year or next year.

My plan is to use DRIP, a dividend reinvestment plan, reinvest the dividend I get each week, plus top it off with what I can. The main idea is to make the money work for me.

If you have missed the airdrop, no worries, there's a presale until 20.59PM UTC on the 20th of May. You can find the details here -> CUBLIFE (CL) from @lbi-token launching 21st May

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Profit Taking Day

The sweetest day in crypto life is profit taking day, I hope you agree with me.

Cardano (ADA) had a good day today, the ADA/ETH pair went beserk, so it was time to take a very small profit in ETH.

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At the time of writing ADA/ETH is at 0.00060360 but it's not done yet, if you look at the ATH on the 4h chart, there is 150% profit in ETH to be made, if you have bought ADA with ETH two days ago, or earlier, even better.

Some say money goes from the impatient to the patient and that is true. This is a patience game. Things start to get interesting in the crypto world.

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Posted Using LeoFinance ^Beta